Pierre Agnes has been appointed chief executive officer of Quiksilver Inc. following the company’s ouster of Andy Mooney from the role.
Bob McKnight, founder of the company and until October its executive chairman, has returned to the firm as chairman. He had retained his seat on the board following his October retirement.
Agnes will take Mooney’s seat on Quiksilver’s board. Greg Healy, most recently president of the company’s Asia-Pacific region, will succeed Agnes as president, a post he assumed in October.
Additionally, Thomas Chambolle, currently chief financial officer of the company’s EMEA region, has been appointed cfo of the Huntington Beach, Calif.-based company. He succeeds Richard Shields, who has resigned but will serve as a consultant to the company through the management transition.
McKnight credited Mooney for “driving the organizational changes that were essential to restoring our product design leadership and globalizing many of our key functions.”
Agnes has been with the firm for 27 years and has served as president of Quiksilver Europe since 2005 in addition to his other duties.
McKnight said Agnes’s “primary focus will be on improving operational operational execution and efficiencies, and identifying growth opportunities, especially in the U.S. wholesale channel.”
Even as Quiksilver faced daunting financial challenges, McKnight had supported Mooney in his efforts to effect a turnaround. When McKnight announced his retirement in October, he again endorsed Mooney, even as activist investor Ryan Drexler, of Consac LLC, described Mooney’s tenure as a failure and called for a sale of the company.
Quiksilver recently delayed the reporting of its first-quarter earnings in order to investigate a “cut-off issue.”